Skip to main content

Posts

Showing posts with the label largest chip market

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Nvidia CEO Meets Trump Before High-Stakes China Trip — $8B in Sales at Risk

Nvidia CEO Jensen Huang  met with  President Donald Trump  at the White House on Thursday, just days before his scheduled visit to China — a critical move as the company grapples with  $8 billion in potential lost sales  due to ongoing tech export restrictions. The meeting underscores Nvidia’s  balancing act  between maintaining US government ties and securing access to  the world’s largest chip market  — China. While the agenda remains undisclosed, analysts expect topics to include  AI chip exports, China strategy, and future US industrial policy . Huang has previously criticized US curbs, warning they hand a strategic edge to Chinese competitors like  Huawei . Despite the headwinds,  Nvidia just crossed a historic US$4 trillion market cap , fuelled by its dominance in powering AI infrastructure for giants like  Microsoft, Meta, Amazon, and Google . President Trump praised Nvidia’s success, linking its surge to his trade ...